Price Guide for 1845 Quarter Variants
This guide presents price ranges for 1845 Quarter variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
1845 Quarter (Regular Strike)
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3rd Party PriceCirculated: $2.00 - $1,210.00Uncirculated: $4.50 - $7,638.00
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eBayCirculated: $56.00 - $945.00Uncirculated: $1,904.00
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PCGS Price GuideCirculated: $25.00 - $900.00Uncirculated: $1,000.00 - $12,500.00
1845 Quarter (Proof)
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3rd Party PriceCirculated: $99.00Uncirculated: $18,600.00 - $195,500.00
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PCGS Price GuideUncirculated: $25,000.00 - $150,000.00
1845 Quarter RPD FS-301 (Regular Strike)
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3rd Party PriceCirculated: $74.00 - $630.00Uncirculated: $1,645.00 - $3,290.00
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eBayCirculated: $102.50 - $751.99Uncirculated: $597.00
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PCGS Price GuideCirculated: $150.00 - $1,000.00Uncirculated: $3,250.00
Design and Specifications of the 1845 Quarter
The 1845 Quarter was part of the Seated Liberty series, which began in 1838 and continued until 1891. This design, featuring Lady Liberty seated on a rock, was a significant departure from previous coin designs and represented a more artistic approach to American coinage. The year 1845 saw production at both the Philadelphia and New Orleans mints, reflecting the expanding economy and increased demand for coinage in the growing nation.
| Weight | 6.68 grams |
|---|---|
| Diameter | 24.3 mm |
| Mint Marks | No mint mark (Philadelphia), O (New Orleans) |
| Composition | 90% silver, 10% copper |
| Obverse Design | Seated Liberty design, designed by Christian Gobrecht |
| Reverse Design | Heraldic eagle with shield, designed by Christian Gobrecht |
Rarity Factors and Value Drivers
Condition is crucial for the value of 1845 Quarters. Coins in circulated conditions are relatively available, but uncirculated examples are scarce to rare. The New Orleans mint coins are generally more valuable due to lower mintage and typically poorer striking quality.
Key factors affecting value include:
1. Strike quality: Well-struck coins with full details are highly prized.
2. Luster: Original mint luster significantly increases value.
3. Surface preservation: Fewer marks and abrasions command higher premiums.
4. Toning: Natural, attractive toning can enhance desirability among collectors.
Mintage: 922,000
Rarity Scale: Scarce
Circulation Status: Moderate Circulation
Preservation Rarity: Rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, with higher demand for well-preserved specimens
Mintage: 638,000
Rarity Scale: Scarce
Circulation Status: Moderate Circulation
Preservation Rarity: Very rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, particularly for well-preserved examples
Rarity in high grades is a significant factor for both Philadelphia and New Orleans issues. MS65 and above examples are extremely rare and highly sought after by collectors.
The New Orleans mint coins often have weaker strikes, making well-struck examples particularly valuable. Collectors also pay premiums for coins with clear, fully visible mint marks.
Historical significance adds to the appeal, as these coins circulated during a period of westward expansion and economic growth in the United States. Provenance from notable collections can also increase value.
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